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A simple range exercise

  
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oskar
Post Posted: Sat, 07 Nov 2009, 11:06pm    Post subject: A simple range exercise Reply with quote
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We don't do that stuff nearly enough, and I'm sure most of you don't really use this, so here's a simple exercise.

I just played this hand an hour ago, and I thought it was somewhat interesting. Villain is a friend of mine

It's 10c/20c/40c live - straddle isn't mandatory but most hands are straddled and double-straddled
Relative stack with villain is €40

I straddle with Queen of Clubs Eight of Spades
3 callers, villain completes from the SB, BB completes.

Flop:
6 players
Pot: 1,9 (lol rake)

King of Spades Queen of Hearts Eight of Diamonds

check, check, I bet 2, 3 folds, villain calls, bb folds.

Turn:
2 players
Pot: 5.9

Six of Diamonds
Villain checks, I bet 4.5, villain raises 13, I call.

River:
Pot: 31.9

Three of Hearts
Villain bets 25 all-in

He can't have AK, KQ, KK, QQ - he would raise pre. He doesn't really think about my range, so even though he would turn 86 into a bluff by playing it that way, he's not aware of it. He would c/r or lead JT almost always. If he would c/r a K or Q with a FD on the turn he probably would c/r bigger and not bet the river - you could add ~4 of those combos if you want to be anal about it.
He doesn't have a bluffing range really. He's smart enough to know not to try and bet me off my hand after I lead a multi-way flop on that table.

So his range is 88, 66, K8, K6, Q8, Q6, 68.
First off just decide if you would call or fold without counting combos.

How much equity do we have against his range, and how much equity do we need to make a call 0EV?
Bonus: What's the exact EV of calling?
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kmind
Post Posted: Sun, 08 Nov 2009, 12:30pm    Post subject: Reply with quote
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Come on people
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dranger7070
Post Posted: Sun, 08 Nov 2009, 12:40pm    Post subject: Reply with quote
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I would call, but feel kinda gross doing it.

We have 40% equity vs his calling range, we need exactly 30.5%.

.4*81.9 = 32.76
.6*25= 15

32.76-15 = $17.76 is our EV on a call.
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Extremophile
Post Posted: Sun, 08 Nov 2009, 12:48pm    Post subject: Reply with quote
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Why do you have 66 in his range unless your friend is a solid player? Also I have never counted the combos before. For curiousity, what is the advantage of counting them; can't we just pokerstove it?

If I had the K instead of Q, I would certainly call with two pair. In this case I tend to fold it on the turn.

Edit: Shouldn't we instead calculate the EV on the turn?
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spoonitnow
Post Posted: Sun, 08 Nov 2009, 12:56pm    Post subject: Reply with quote
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Extremophile wrote:
Why do you have 66 in his range unless your friend is a solid player? Also I have never counted the combos before. For curiousity, what is the advantage of counting them; can't we just pokerstove it?

If I had the K instead of Q, I would certainly call with two pair. In this case I tend to fold it on the turn.

Edit: Shouldn't we instead calculate the EV on the turn?

Get to reading http://www.flopturnriver.com/phpBB2/forum/how-to-calculating-hand-combinations-about-blockers-etc-t75711.html
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kmind
Post Posted: Sun, 08 Nov 2009, 1:26pm    Post subject: Reply with quote
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Yeah counting combos is extremely important. You'll start to realize why. Spoon's thread is great.

dranger - I got the same answers
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JKDS
Post Posted: Sun, 08 Nov 2009, 2:43pm    Post subject: Reply with quote
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Extremophile wrote:


Edit: Shouldn't we instead calculate the EV on the turn?


good question, lets add some flushdraw type hands he might play this way (dont go crazy though) and calculate the ev for the turn Very Happy
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Extremophile
Post Posted: Sun, 08 Nov 2009, 2:49pm    Post subject: Reply with quote
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Thanks for the link and the OP itself spoon. So, I read the thread and gave it a try:

Our hand: Qc8s

Villian's range : 88, 66, K8, K6, Q8, Q6, 68.

Board: KsQh8d6d


88: 3 combos
66: 6 combos
K8: 12 combos
K6: 16 combos
Q8: 9 combos
Q6: 12 combos
86: 12 combos

Total of 70 combos. So, we beat 33 combos out of 70. I am not sure if we should include Q8 combos when calculating equity:

With Q8,

(9+12+12)/70= 0.47 ____our equity is 47%

0.47*81.9=38.49
0.53*15= 13.25

EV= 38.49-13.25=25.24

However, since the decision was made on turn, the EV of the turn call should be calculated imo. And, I don't know how to calculate the EV on the flop and the turn by combo method.

Edit: I have just realized that Q8 must be 4 combos instead of 9:

so,

with Q8 included (12+12+4)/65=0.43 meaning 43% equity
without Q8 (12+12)/61=0.39 meaning 39% equity
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Extremophile
Post Posted: Sun, 08 Nov 2009, 2:59pm    Post subject: Reply with quote
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JKDS wrote:
Extremophile wrote:


Edit: Shouldn't we instead calculate the EV on the turn?


good question, lets add some flushdraw type hands he might play this way (dont go crazy though) and calculate the ev for the turn Very Happy


I mean the decision was actually made on the turn
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oskar
Post Posted: Sun, 08 Nov 2009, 7:01pm    Post subject: Reply with quote
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The turn is pretty difficult to figure out exactly during the hand. We have implied odds with 5 outs against some of his range if we're behind and reverse implied odds against others when we improve, but end up with the worst hand. It should be closer to 50% equity. Given the pot odds the turn should be a pretty obvious call. - This would change a lot in a raised pot because his range is a lot narrower and tilted more towards sets and better 2-pair hands.
The way this hand played out - with a c/c on the flop and a c/r on the turn in a limped pot it really looks like he improved on the turn. Frankly I've included K8 and 88 more as an afterthought for completeness and because it makes it a little closer Razz.
I think his range is weighted towards K6, Q6, 86, 66, and Qx of diamonds (on the turn).


Extremophile - I don't really know what you did there with the combos.
88 - 1 combo: 8Heart 8Club
66 - 3 combos: 6Heart6Club, 6Heart6Spade, 6Spade6Club
K8 - 6 combos: there are two 8's and 3 Kings left in the deck.

And so on.
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kmind
Post Posted: Sun, 08 Nov 2009, 8:42pm    Post subject: Reply with quote
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I feel like a dumbass but before going in-depth I would have said fold. I can only imagine some others would feel the same. Thanks oskar for the exercise, I'm for sure going to do this more often with my hands.
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Monty3038
Post Posted: Mon, 09 Nov 2009, 12:32pm    Post subject: Re: A simple range exercise Reply with quote
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oskar wrote:
We don't do that stuff nearly enough, and I'm sure most of you don't really use this, so here's a simple exercise.

I just played this hand an hour ago, and I thought it was somewhat interesting. Villain is a friend of mine

It's 10c/20c/40c live - straddle isn't mandatory but most hands are straddled and double-straddled
Relative stack with villain is €40

I straddle with Queen of Clubs Eight of Spades
3 callers, villain completes from the SB, BB completes.

Flop:
6 players
Pot: 1,9 (lol rake)

King of Spades Queen of Hearts Eight of Diamonds

check, check, I bet 2, 3 folds, villain calls, bb folds.

Turn:
2 players
Pot: 5.9

Six of Diamonds
Villain checks, I bet 4.5, villain raises 13, I call.

River:
Pot: 31.9

Three of Hearts
Villain bets 25 all-in

He can't have AK, KQ, KK, QQ - he would raise pre. He doesn't really think about my range, so even though he would turn 86 into a bluff by playing it that way, he's not aware of it. He would c/r or lead JT almost always. If he would c/r a K or Q with a FD on the turn he probably would c/r bigger and not bet the river - you could add ~4 of those combos if you want to be anal about it.
He doesn't have a bluffing range really. He's smart enough to know not to try and bet me off my hand after I lead a multi-way flop on that table.

So his range is 88, 66, K8, K6, Q8, Q6, 68.
First off just decide if you would call or fold without counting combos.

How much equity do we have against his range, and how much equity do we need to make a call 0EV?
Bonus: What's the exact EV of calling?


Ok, I'm not reading the other responses on purpose, going to give this a shot from your post only.

I don't understand the straddle aspect, so playing it like a normal NLHE hand.

When SB completes, they have a fairly wide range, Ax's, Broadways, SC's, pairs... then they call a flop bet... hmmm... that narrows them a bit... I'm thiking you aren't calling this flop without hitting something, at least a pair, probably K or Q in their hand, mostly likely King IMO, so let's see... Kx, AK, AQ, 88, KK, QQ hands... you're way ahead here, like 85% ahead...

On turn the diamond puts two diamonds on the board, I don't think K6 or Q6 is a likely pre-flop hand here... but... 66 is possible... and he might have just set. Hmm...

River is junk, but that slim sd possiblity came true... 57 pre flop? Doubtful, but depends onthe player I suppose... he got big time aggressive... hmmm

I'm putting him on KQ, 88, 66.
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Monty3038
Post Posted: Mon, 09 Nov 2009, 12:37pm    Post subject: Re: A simple range exercise Reply with quote
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Monty3038 wrote:
oskar wrote:
We don't do that stuff nearly enough, and I'm sure most of you don't really use this, so here's a simple exercise.

I just played this hand an hour ago, and I thought it was somewhat interesting. Villain is a friend of mine

It's 10c/20c/40c live - straddle isn't mandatory but most hands are straddled and double-straddled
Relative stack with villain is €40

I straddle with Queen of Clubs Eight of Spades
3 callers, villain completes from the SB, BB completes.

Flop:
6 players
Pot: 1,9 (lol rake)

King of Spades Queen of Hearts Eight of Diamonds

check, check, I bet 2, 3 folds, villain calls, bb folds.

Turn:
2 players
Pot: 5.9

Six of Diamonds
Villain checks, I bet 4.5, villain raises 13, I call.

River:
Pot: 31.9

Three of Hearts
Villain bets 25 all-in

He can't have AK, KQ, KK, QQ - he would raise pre. He doesn't really think about my range, so even though he would turn 86 into a bluff by playing it that way, he's not aware of it. He would c/r or lead JT almost always. If he would c/r a K or Q with a FD on the turn he probably would c/r bigger and not bet the river - you could add ~4 of those combos if you want to be anal about it.
He doesn't have a bluffing range really. He's smart enough to know not to try and bet me off my hand after I lead a multi-way flop on that table.

So his range is 88, 66, K8, K6, Q8, Q6, 68.
First off just decide if you would call or fold without counting combos.

How much equity do we have against his range, and how much equity do we need to make a call 0EV?
Bonus: What's the exact EV of calling?


Ok, I'm not reading the other responses on purpose, going to give this a shot from your post only.

I don't understand the straddle aspect, so playing it like a normal NLHE hand.

When SB completes, they have a fairly wide range, Ax's, Broadways, SC's, pairs... then they call a flop bet... hmmm... that narrows them a bit... I'm thiking you aren't calling this flop without hitting something, at least a pair, probably K or Q in their hand, mostly likely King IMO, so let's see... Kx, AK, AQ, 88, KK, QQ hands... you're way ahead here, like 85% ahead...

On turn the diamond puts two diamonds on the board, I don't think K6 or Q6 is a likely pre-flop hand here... but... 66 is possible... and he might have just set. Hmm...

River is junk, but that slim sd possiblity came true... 57 pre flop? Doubtful, but depends onthe player I suppose... he got big time aggressive... hmmm

I'm putting him on KQ, 88, 66.


And after reading the other responses, I am obviously a level behind. I guess I'm running the whole hand versus the turn... will have to ponder this more.
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stonyman
Post Posted: Mon, 09 Nov 2009, 1:07pm    Post subject: Reply with quote
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So my first answer was to call. Then I did the math:
25/81.9 = 30.5% equity needed for call to be breakeven

PokerStove is giving me 40% equity vs. villains range.

88-1 combo - lose
66-3 combos - lose
K8-6 combos - lose
K6-9 combos - lose
Q8-4 combos - split
Q6-6 combos - win
68-6 combos - win

So if I did everything correct I come up with 19 combos that we lose against and 12 we win and 4 we tie.
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Belt
Post Posted: Mon, 09 Nov 2009, 1:48pm    Post subject: Reply with quote
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88 (1 combo)
66 (3 combos)
K8 (6 combos)
K6 (9 combos)
Q8 (4 combos)
Q6 (6 combos)
86 (6 combos)

There are total 35 combos. Since we split with 4 combos of Q8 we must count 2 of them we beat and 2 of them beats us... So there are 14 combos that we beat. Our equity is 14 / 35 = 40%.

Our equity in the pot is 40%;
We get 81,9 * 0,40 = 32,76 from the pot. Since we invest 25 for this income, our EV is 32,76 - 25 = 7,26.

Another way to calculate this;
We win 40% of the time... 56,9 * 0,40 = 22,76 (56,9 here is our profit. We must use the profit in this equation not the pot size.)
We lose 60% of the time... 25 * 0,60 = 15
Our EV is 22,76 - 15 = 7,26

Edit:
Sorry I missed that part. Equity needed here is 25 / 81,9 = ~0,305 = 30,5%
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stonyman
Post Posted: Mon, 09 Nov 2009, 3:00pm    Post subject: Reply with quote
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Nice explanation belt. I don't think I have seen the combos to equity calculation done the way you did it. This must be what you guys do at the table rather then plugging the stuff into PokerStove.
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Extremophile
Post Posted: Mon, 09 Nov 2009, 3:16pm    Post subject: Reply with quote
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oskar wrote:
The turn is pretty difficult to figure out exactly during the hand. We have implied odds with 5 outs against some of his range if we're behind and reverse implied odds against others when we improve, but end up with the worst hand. It should be closer to 50% equity. Given the pot odds the turn should be a pretty obvious call. - This would change a lot in a raised pot because his range is a lot narrower and tilted more towards sets and better 2-pair hands.
The way this hand played out - with a c/c on the flop and a c/r on the turn in a limped pot it really looks like he improved on the turn. Frankly I've included K8 and 88 more as an afterthought for completeness and because it makes it a little closer Razz.
I think his range is weighted towards K6, Q6, 86, 66, and Qx of diamonds (on the turn).


Extremophile - I don't really know what you did there with the combos.
88 - 1 combo: 8Heart 8Club
66 - 3 combos: 6Heart6Club, 6Heart6Spade, 6Spade6Club
K8 - 6 combos: there are two 8's and 3 Kings left in the deck.

And so on.


I guess I messed it up. But, nobody makes the first jump.
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oskar
Post Posted: Mon, 09 Nov 2009, 5:54pm    Post subject: Reply with quote
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Monty, I just posted the whole hand to make this whole thing more life like and to explain how I got to that range. I really don't think QK is a possibility. If he doesn't raise pre, he'll lead or c/r the flop (same with 88). - Some random guy might not, but I know him pretty well. And all the random junk is definitely in his range.
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dranger7070
Post Posted: Mon, 09 Nov 2009, 8:07pm    Post subject: Reply with quote
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Belt you did the EV calculation wrong, which is why we are getting different answers. It should be our equity (.4 * 81.9) - (.6 * 25) (villains equity * the amount we lose, not JUST the amount we lose) = 17.76. Try it again and see if u get a different answer.
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Belt
Post Posted: Mon, 09 Nov 2009, 8:12pm    Post subject: Reply with quote
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Well, actually I'm pretty sure that my calculation is right...

Edit: But I'm gonna re-calc it again and will post the results.
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dranger7070
Post Posted: Mon, 09 Nov 2009, 8:22pm    Post subject: Reply with quote
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So me and kmind are wrong and no one has bothered to correct us... interesting.

This is spenda's equation from "How to Analyze Calling an All In."
http://www.flopturnriver.com/phpBB2/forum/how-to-analyze-calling-an-all-in-t87954.html

EV = (our equity)(pot size) - (our opponents equities)(bet size)
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Belt
Post Posted: Mon, 09 Nov 2009, 8:34pm    Post subject: Reply with quote
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OK, here we go... To test our calculations lets create a scenario where there are 40bbs in the pot and villain bets 30bbs... How much equity do we need to make this call break even (EV must be equal to 0 in other words)?

Equity needed = 30 / (40 + 30 + 30) = 30%

So when we have 30% equity we must be breaking even. Lets calculate it your way;
EV = (100 * 0,30) - (30 * 0.70) = 30 - 21 = 9 <> 0

Lets calculate it my way;
EV = (100 * 0,30) - 30 = 30 - 30 = 0
or,
EV = (70 * 0,30) - (30 * 0,70) = 21 - 21 = 0

It's obvious that you made a mistake here. My calculations are right.
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Belt
Post Posted: Mon, 09 Nov 2009, 8:37pm    Post subject: Reply with quote
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dranger7070 wrote:
So me and kmind are wrong and no one has bothered to correct us... interesting.

This is spenda's equation from "How to Analyze Calling an All In."
http://www.flopturnriver.com/phpBB2/forum/how-to-analyze-calling-an-all-in-t87954.html

EV = (our equity)(pot size) - (our opponents equities)(bet size)


This indicates the pot size before you call, not after...

And @ noone bothered to correct you... I did obv.
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dranger7070
Post Posted: Mon, 09 Nov 2009, 9:06pm    Post subject: Reply with quote
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Touche salesman lol. I did indeed make a mistake. I wasn't trying to sound like a dick when I was "correcting" you. lol
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Belt
Post Posted: Mon, 09 Nov 2009, 9:22pm    Post subject: Reply with quote
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And looking at the last sentence of my last post, i clearly did sound like a dick. Apologies...
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Monty3038
Post Posted: Thu, 12 Nov 2009, 12:43pm    Post subject: Reply with quote
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oskar wrote:
Monty, I just posted the whole hand to make this whole thing more life like and to explain how I got to that range. I really don't think QK is a possibility. If he doesn't raise pre, he'll lead or c/r the flop (same with 88). - Some random guy might not, but I know him pretty well. And all the random junk is definitely in his range.


Thanks for the clarification. I honestly have no idea what I'm doing at this point. No offense to you or the others in the BC... but I'm withdrawing until I can regroup.
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surviva316
Post Posted: Thu, 12 Nov 2009, 1:37pm    Post subject: Reply with quote
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Belt wrote:
dranger7070 wrote:
So me and kmind are wrong and no one has bothered to correct us... interesting.

This is spenda's equation from "How to Analyze Calling an All In."
http://www.flopturnriver.com/phpBB2/forum/how-to-analyze-calling-an-all-in-t87954.html

EV = (our equity)(pot size) - (our opponents equities)(bet size)


This indicates the pot size before you call, not after...

And @ noone bothered to correct you... I did obv.


AHAHAHAHAH! dranger, you got pwned by an istanbulian. i hope you're in the irc right now so i can tell you to suck it
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Extremophile
Post Posted: Thu, 12 Nov 2009, 3:44pm    Post subject: Reply with quote
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surviva316 wrote:
AHAHAHAHAH! dranger, you got pwned by an istanbulian. i hope you're in the irc right now so i can tell you to suck it


not a shame, we always pwn people.
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kmind
Post Posted: Thu, 12 Nov 2009, 6:36pm    Post subject: Reply with quote
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Belt wrote:
Our equity in the pot is 40%;
We get 81,9 * 0,40 = 32,76 from the pot. Since we invest 25 for this income, our EV is 32,76 - 25 = 7,26.

Another way to calculate this;
We win 40% of the time... 56,9 * 0,40 = 22,76 (56,9 here is our profit. We must use the profit in this equation not the pot size.)
We lose 60% of the time... 25 * 0,60 = 15
Our EV is 22,76 - 15 = 7,26

How are we getting 7.26 instead of 7.76?
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Belt
Post Posted: Thu, 12 Nov 2009, 7:20pm    Post subject: Reply with quote
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OMFG... No excuse for this silly mistake... Embarassed
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kmind
Post Posted: Fri, 13 Nov 2009, 12:02am    Post subject: Reply with quote
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OWNED! (kidding Smile )
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surviva316
Post Posted: Fri, 13 Nov 2009, 3:25am    Post subject: Reply with quote
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Belt wrote:
OMFG... No excuse for this silly mistake... Embarassed


lol. Belt>Kmind>dranger...dranger still sucks at life
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dranger7070
Post Posted: Fri, 13 Nov 2009, 10:05am    Post subject: Reply with quote
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:'(
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Extremophile
Post Posted: Fri, 13 Nov 2009, 3:52pm    Post subject: Reply with quote
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surviva316 wrote:
Belt wrote:
OMFG... No excuse for this silly mistake... Embarassed


lol. Belt>Kmind>dranger...dranger still sucks at life


I am sure fishes like myself have a lot to learn from him.
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kmind
Post Posted: Sun, 15 Nov 2009, 2:48pm    Post subject: Reply with quote
4-of-a-Kind
4-of-a-Kind

Joined: 17 Oct 2006
Posts: 3037
WPP: 73
Location: Not Giving In
As long as I'm not even or worse than dranger I am grateful
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A simple range exercise

  

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